BANKS Eurobank opens Mumbai office, links India–Europe payments Newsroom Eurobank officially opened its representative office in Mumbai on Thursday, marking a major step in its expansion into India, with Cyprus playing a key role in the new bridge between Europe and one of the world’s fastest-growing economies. READ MORE
Ministry probes public works tenders from 10 years ago Investigation aims to identify problems and implement reforms for smoother project delivery and to fix flaws in the system ... Newsroom 16/06/2024 | BUSINESS
Cyprus sees surge in air travel as summer season takes off Planes arriving nearly full, with passenger numbers climbing daily, says Hermes Airports official Newsroom 14/06/2024 | BUSINESS
Wizz Air increases number of flights from Larnaca, Cluj and Varna The airline is offering unmatched travel options for summer and fall holidays Press Release 13/06/2024 | BUSINESS
US sanctions target Russian-Cypriot connections Penalties expand to include individuals and entities tied to Cyprus amid escalated pressure on Moscow Newsroom 13/06/2024 | BUSINESS
CBC chief warns: Tax on big profits could hurt economy Christodoulos Patsalides urges financial reforms and careful planning, instead of windfall tax on banks Newsroom 12/06/2024 | BUSINESS
Eurobank increases stake in Hellenic Bank to 55.48% Latest acquisition of 240,303 shares for €0.62 million boosts holdings Source: CNA 12/06/2024 | BUSINESS
EU to impose up to 25% tax on imported Chinese EVs The move targets excessive subsidies as European automakers face increased competition Newsroom 12/06/2024 | BUSINESS
Cyprus faces market uncertainties as exit plans delayed again Political turmoil and market volatility pose challenges for economic strategy Newsroom 12/06/2024 | BUSINESS
Eurobank boosts stake in Hellenic Bank with over 500,000 shares Eurobank solidifies its position in Hellenic Bank with a significant share purchase, signaling confidence in the banking ... Source: CNA 11/06/2024 | BUSINESS